Camarilla H3/L3 Breakout (0.3% Buffer)

Breakout: Camarilla H3/L3 Breakout - Professional Range Trading\n\nSTRATEGY DESCRIPTION:\nDetects when price breaks above H3 (3rd Resistance) or below L3 (3rd Support) using the Camarilla formula. Camarilla levels are professional range-trading levels that often act as strong support/resistance during trending days.\n\nCORE LOGIC (Step by Step):\n\nSTEP 1: Calculate Camarilla Levels\nRange = Previous Day High - Previous Day Low\n\nH3 = Previous Day Close + (Range × 1.1)\nL3 = Previous Day Close - (Range × 1.1)\n\nSTEP 2: Check Breakout with 0.3% Buffer\nBullish: IF current_price > H3 * 1.003\n → H3_RESISTANCE_BREAKOUT (Bullish)\nBearish: IF current_price < L3 * 0.997\n → L3_SUPPORT_BREAKOUT (Bearish)\n\nEXAMPLE:\nPrevious Day: High=1050, Low=1000, Close=1020\nRange = 1050 - 1000 = 50\n\nH3 = 1020 + (50 × 1.1) = 1075\nL3 = 1020 - (50 × 1.1) = 965\n\nBullish Case:\nCurrent Price = 1078.00\nH3 × 1.003 = 1078.23\n1078.00 > 1078.23? NO - Not a strong breakout yet\n\nCurrent Price = 1079.00\n1079.00 > 1078.23? YES → H3_RESISTANCE_BREAKOUT!\n\nBearish Case:\nCurrent Price = 962.00\nL3 × 0.997 = 962.11\n962.00 < 962.11? YES → L3_SUPPORT_BREAKOUT!\n\nWHY THIS MATTERS:\n- Camarilla levels are used by professional traders\n- H3/L3 often act as strong breakout levels\n- Breaking these levels with 0.3% buffer indicates strong momentum\n- Useful for trending day strategies\n\n[CHANGED: Added 0.3% buffer for both bullish and bearish breakouts]